{"id":1476515,"date":"2022-05-16T11:15:10","date_gmt":"2022-05-16T15:15:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1476515"},"modified":"2022-05-16T11:15:12","modified_gmt":"2022-05-16T15:15:12","slug":"russia-cuts-finlands-electric-supply","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/russia-cuts-finlands-electric-supply\/","title":{"rendered":"Russia Cuts Finland\u2019s Electric Supply"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frussia-cuts-finlands-electric-supply%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1476515&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Russian energy supplier RAO Nordic Oy cut off electricity supply to <a href=\"https:\/\/www.theepochtimes.com\/t-finland\">Finland<\/a> early Saturday, accusing the country of not making payments on past bills.<\/p>\n<p>\u201cWe are forced to note that for the volumes which have been sold on Nord Pool exchange since the 6th of May funds have not yet been credited to our bank account. This situation is exceptional and happened for the first time in over twenty years of our trading history.<\/p>\n<p>\u201cUnfortunately, in the current situation of lack of cash income, RAO Nordic is not able to make payments for the imported electricity from Russia. Therefore we are forced to suspend the electricity import starting from 14th of May,\u201d RAO Nordic said in a <a href=\"https:\/\/www.raonordic.com\/post\/announcement-of-electricity-delivery-suspension\">May 13 announcement<\/a>.<\/p>\n<p>According to Fingrid, the Finnish transmission system operator, the electricity supply situation in the country is not under threat. Russian electricity only makes up approximately 10 percent of Finland\u2019s total consumption.<\/p>\n<p>Finland\u2019s self-sufficiency in electricity generation is improving, especially wind power generation, Fingrid claimed. This year the country is expected to bring an additional 2,000 megawatts of new wind power online. By 2023, Finland is expected to become self-sufficient in electricity.<\/p>\n<p>\u201cThe lack of electricity import from Russia will be compensated by importing more electricity from Sweden and by generating more electricity in Finland,\u201d Reima Paivinen, senior vice president of power system operations at Fingrid, said in a May 13 <a href=\"https:\/\/www.fingrid.fi\/en\/news\/news\/2022\/electricity-trading-with-russia-will-suspend--no-threat-to-the-sufficiency-of-electricity-in-finland\/\">news release<\/a>.<\/p>\n<p>Last month, Russia cut gas supplies to Poland and Bulgaria after the two nations refused to make payments in rubles. The blockage of electricity to Finland came just before the country\u2019s President Sauli Niinisto officially announced that it <a href=\"https:\/\/www.theepochtimes.com\/finland-announces-it-will-apply-to-join-nato-scrapping-decades-of-neutrality_4467672.html\">would seek NATO membership<\/a>.<\/p>\n<p>Becoming a member of the military alliance will \u201cmaximize\u201d Finland\u2019s security, Niinisto said during a news conference on Sunday, adding that he had spoken to Russian President Vladimir Putin about his country\u2019s decision on Saturday.<\/p>\n<p>Prime Minister Sanna Marin called the move to apply for NATO membership an \u201cimportant decision\u201d that is based on a \u201cstrong mandate.\u201d A formal application for joining NATO is expected to be submitted soon.<\/p>\n<p>Ever since Russia invaded Ukraine in late February, Finland has been actively reviewing the potential of becoming a NATO member.<\/p>\n<p>Russia will take \u201cretaliatory steps\u201d against Finland should the country join NATO, Moscow\u2019s foreign ministry said on May 12. By joining NATO, Finland will harm bilateral relations and disrupt security in the North European region, it <a href=\"https:\/\/www.theepochtimes.com\/russia-threatens-retaliation-as-finland-prepares-to-join-nato_4462684.html\">said in a statement<\/a>.<\/p>\n<p>\u201cRussia will be forced to take retaliatory steps both of military-technical and of other nature in order to stop the threats to its national security that emerge as a result,\u201d the ministry said.<\/p>\n<div class=\"author_wrapper\">\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<a href=\"https:\/\/www.theepochtimes.com\/author-naveen-athrappully\"><\/a><\/p>\n<p>Follow<\/p>\n<\/div>\n<p>Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.\n<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Russian energy supplier RAO Nordic Oy cut off electricity supply to Finland early Saturday, accusing the country of not making payments on past bills.\u201cWe are forced to note that for<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1476515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1476515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1476515"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1476515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1476515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1476515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1476515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}